Stock Screening with Trading Activity, Range, and Rising MACD DEA

Summary

This post proposes screening stocks for a daily price range above a threshold, turnover within a specified band, and a rising DEA line from the MACD indicator. It frames range and turnover as measures of activity and volatility, and a rising DEA as a possible sign of upward momentum. The final suggested screen adds valuation and return-on-equity filters, then recommends attention to position sizing and risk controls.

The document supplies formula and code examples, but no historical test, performance figures, or evidence that the combined conditions predict returns. It cautions that sudden market events can overwhelm technical signals and that technical screening may overlook company fundamentals. Some code details appear inconsistent with the stated conditions, so implementation should be checked before use. The screen is a set of candidate filters rather than a fully specified or validated strategy.

Key ideas

• The initial screen combines a price-range threshold, a turnover band, and a rising MACD DEA line.
• The post interprets range and turnover as activity measures and rising DEA as possible upward momentum.
• Its expanded version adds valuation and return-on-equity filters.
• It recommends risk controls and position management but gives no tested rules for them.
• No performance evidence is provided, and the examples should be checked for consistency before implementation.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.